Industrial output soared 16.2% year-on-year in March (February: +3.9% yoy) benefiting from an extremely low-base effect as March 2020 was...
Latest Global Economic News
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Hungary: Industrial production jumps on low-base effect in March -
Cyprus: Inflation returns in April Consumer prices rose 0.82% over the previous month in April, moderating from March’s 1.30% reading. April’s downturn was largely owing... -
Poland: Central Bank stands pat in May At its meeting on 5 May, the National Bank of Poland (NBP) once again kept the reference rate unchanged at... -
Germany: Economy suffers contraction in the first quarter of 2021 Germany witnessed likely one of the strongest contractions in the Euro area in the opening quarter of the year, with... -
New Zealand: Unemployment drops as underutilization increases in Q1 The seasonally-adjusted unemployment rate dipped to 4.7% in Q1 2021 from 4.9% in the previous quarter. Meanwhile, the underutilization rate—which... -
Switzerland: Inflation comes in at over one-year high in April Consumer prices rose 0.21% from the previous month in April, slowing down from March’s 0.34% rise. The reading was driven... -
Australia: RBA stands pat in May At its monetary policy meeting on 4 May, the Reserve Bank of Australia (RBA) decided to keep the cash rate... -
Sweden: Industrial output grows at quickest pace since August 2020 in March Industrial output increased 2.4% in month-on-month seasonally-adjusted terms in March, which was above February’s 0.9% increase. March’s figure marked the... -
Egypt: GDP growth accelerates in Q2 of FY 2021 The economy expanded 2.0% year-on-year in the second quarter of FY 2021 (October–December 2020), according to estimates released by the... -
Thailand: Inflation hits highest level since December 2012 in April Consumer prices increased 1.38% from the previous month in April, accelerating from the 0.23% rise seen in March. April’s reading...